The Prime Minister of Great Britain Keir Starmer and US President Donald Trump shake the data during a joint press conference in the eastern peace in the White House, February 27, 2025 in Washington, USA
Carl Court By Reuters
When countries around the world are preparing to implement the commercial tariffs of US President Donald Trump and more targeted fees, probably approaching, Great Britain hopes that she will be able to escape from worse import duties.
In recent weeks, Great Britain has advertised its more balanced trade relations with the USA, looking for a more mild Trump approach. The White House leader moves against the trade deficits of countries with the largest trading partners, such as Canada, China, Mexico and the European Union, and either imposed (as in the case of the EU) to 25% of import tariffs.
Great Britain has more refined trade relations with the USA, z The latest data published in February Pointing to the law of sustainable trade when it comes to import and export of goods, along with a surplus over trade in services.
Maintenance of Washington is important for Great Britain – the US was the largest trading partner in Great Britain in the year to September 2024, which is over 17% of the total British trade, Official data show.
Trump is seen as a weakness for Great Britain and I was clearly enjoying the previous state visit to the country. He was recently invited for the second time by King Charles. It seems that the president also has good contact with Prime Minister Keir Starmer, despite their various ideological origin, and previously decided that the US-UK commercial relationship is a smaller problem for him-and stating that he stated that he stated that he stated that he stated that he stated that he stated that he stated that he stated that he stated that he stated that he said that he stated that he He believed that a trade agreement could be developed.
However, Trump's obligation to impose tariffs on “all countries” led to the disappearance of hope in Great Britain that a specific trade agreement with Washington can be developed before the rally of the rural tariff on Wednesday by White House.
US President Donald Trump meets the British Prime Minister Keira Starmer in the White House in Washington, DC, USA, February 27, 2025.
Kevin Lamarque Reuters
However, the ray of hope remains largely due to Trump's tendency to oscillate between more gentle and penalty positions.
. Washington Post reported On Tuesday, that the White House helpers developed a proposal that would apply a tariff of about 20% in most imports.
The article in which she cited three people familiar with this matter, he noticed that the advisers warned that several options were still on the table, which means that 20% of the tariff may not materialize. Another plan being considered is the “mutual” approach specific to the country, according to Washington Post. CNBC contacted the White House for comment.
“The probability is that there will be tariffs”
The Prime Minister of Great Britain Keir Starmer said on Tuesday Sky News that Great Britain “is working hard on an economic contract” from the USA and said that “quick progress” was made, but warned that the contract could take some time.
He admitted that this country may still be subject to new fees, but Trump has already announced a 25% tariff for the import of steel and aluminum and for “all cars that are not produced in the United States.” This last fee entered into force on Wednesday.
“I don't think anyone wants to see the tariffs,” Starmer Sky News said. “We are working hard on an economic agreement in which we have made quick progress, and I hope that we will be able to make really fast decisions,” he said.
“It is likely that there will be tariffs. Nobody greets it. Of course, we work with the sectors most affecting this at a pace. Nobody wants to see trade war. But I have to act in the national interest, and this means that all options must remain on the table,” he added.
The UK's commercial secretary Jonathan Reynolds insisted on Tuesday to the BBC that the ongoing talks with the Trump administration meant Great Britain He was in the “best possible position in any country” to make commercial responsibilities.
Economists note that it is still not clear what exactly will be announced on Wednesday.
“As for the upcoming tariff announcement, we still do not know which countries will be imposed on and at what rate. It can be said that the administration may not have a final plan yet,” said the strategists of the Deutsche Bank We -mail on Tuesday.
“(On Monday) the press secretary of the White House Leavitt said that the planned advertisement about the rose garden would contain” rural “tariffs, with further sectoral duties that will appear later,” analysts added.